Tag: Insurance Regulation

Texas Passes Law Ending Insurance 'Widow Penalty' on Auto and Home Policies

Texas enacts Senate Bill 1238 to end the insurance 'widow penalty,' preventing rate hikes for surviving spouses on auto and home insurance. Effective Sept 2025.

Federal Agencies Advance Healthcare Price Transparency with New RFIs and Guidance

U.S. federal agencies issue new guidance and requests for information to improve transparency in prescription drug and hospital prices, aiming to enhance data accuracy and compliance.

Illinois Considers Reforming Auto Insurance Rates to Focus on Driving Records

Illinois Auto Insurance rates favor credit and ZIP codes over driving records, prompting new legislation for greater transparency and fairness.

Louisiana's High Bodily Injury Auto Claims Drive Premiums; Tort Reform Debate Continues

Louisiana's elevated bodily injury auto claims exceed national rates, impacting premiums and prompting ongoing debates over tort reform and insurer transparency.

Insurance Data Tracking in Apps Raises Regulatory and Privacy Concerns

Examining concerns over app-based tracking of driving data affecting auto insurance rates, related lawsuits, and emerging U.S. privacy legislation.

2025 Marks Key Anniversaries for Social Security, Medicare, Medicaid, ADA, and ACA

Explore the 2025 anniversaries of foundational U.S. laws: Social Security, Medicare, Medicaid, ADA, and ACA, highlighting their impact on insurance regulation and healthcare policy.

SEC Cybersecurity Enforcement Spurs New Insurance Solutions in 2024

Amid increased SEC enforcement of cybersecurity disclosures, QBE introduces enhanced cyber insurance coverages addressing regulatory gaps for public companies in 2024.

Washington State Guidance on Annuities: Compliance and Consumer Considerations

Washington state issues guidelines emphasizing financial, tax, and investment considerations for insurance professionals recommending annuities. Resources support locating existing contracts and understanding annuity benefits and risks.

Senate Committee Probes Major Insurers on Disaster Claim Payout Reductions

Senate hearing examines allegations of major insurers cutting disaster-related claim payouts amid rising homeowner complaints and regulatory scrutiny.

California Approves 17% Emergency Rate Hike for State Farm Home Insurance

California Department of Insurance approves a 17% emergency home insurance premium increase for State Farm to stabilize finances post-LA wildfires. Rate hikes affect 1M homeowners and reflect broader wildfire insurance challenges.